Notes on Redfin, technology, real estate and life at a startup.

Happy Birthday USA! What Can We Give You?

Happy Fourth! It’s our birthday, and I hope everyone is enjoying the celebration.

Gift giving is often part of a birthday celebration. So who should be giving to whom, and what would be an appropriate gift at this time? I have a suggestion.

We have a domino effect here is Orange County: the subprime meltdown lead the way to fewer home sales, which lead the way to job layoffs in the housing sector, which resulted in less money for other goods and services, which lead to layoffs in non-housing related industries, and so on, and so on.

Orange County food banks are feeling the pain. As one person who has been a relief worker since 1983 put it: “This is as bad as I’ve seen.” Also, Margie Wakeham of Families Forward in Irvine stated that demand has gone up drastically. Now white-collar workers and blue-collar workers are showing up at food banks. Demand is up, but donations are down. Also, increased fuel and food costs have make it more difficult for food banks to meet the growing demand. The result is that some in need have been turned away.

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